TOKYO, Aug. 7, 2024
/PRNewswire/ -- Honda Motor Co., Ltd. today announced its
consolidated financial results for the fiscal first quarter ended
June 30, 2024.
Q1 Ended June 30, 2024
Financial Results
- In motorcycle business operations, global sales volume
increased, mainly in India and
Brazil.
- Automobile business operations were robust as well. In addition
to strong sales of hybrid models, the positive effect of pricing
commensurate with improvement in product value led to increased
profits in each of these business areas compared to the same period
last year.
- Total Profit: Operating Profit 484.7
billion yen / Operating Margin 9.0%
FYE March 31, 2025 Financial
Forecast
- We have revised auto sales units for China downward by 220,000 units.
- Operating profit, operating margin and net profit attributable
to the owners of the parent company remain unchanged from our
previous forecast*.
*Previous forecast: announced on May
10th
Initiatives to further strengthen corporate
governance
Honda strives to unwind cross-shareholdings at an early point,
and further enhance the management discipline.
|
Step 1
：
|
Conducted the secondary
offering for Honda shares held by non-life insurance
companies
and banks.
|
|
Step 2
：
|
Conducted the sale of
shares, held by Honda, of non-life insurance companies and
banks.
|
Honda's financial results can be accessed from following web
site address.
https://global.honda/en/investors/library/documents.html
SOURCE: Honda Motor Co., Ltd
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SOURCE Honda Motor Co., Ltd.